Greg Brockman, president of OpenAI, arrives at a federal courthouse as the trial in Elon Musk’s lawsuit over OpenAI’s for-profit conversion continues, in Oakland, California, May 6, 2026. Manuel Orbegozo | Reuters There’s a new second-in-command at OpenAI. Greg Brockman, the company’s president, is officially responsible for OpenAI’s most important and profitable projects after Fidji…
The Commerce Department on Friday moved toward easing export controls on the United Arab Emirates, including by saying it will “favorably review” export license applications for MGX, the UAE-backed investment firm that used a stablecoin linked to President Donald Trump‘s family for its $2 billion investment in Binance. An unpublished version of a new 17-page…
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Fidji Simo, OpenAI’s product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks rebounded Thursday as investors shrugged off concerns about a significant escalation in the military conflict between the U.S. and Iran. That sent bond yields and…
“Hong Kong, China – March, 19 2012: A close-up of a Samsung Galaxy S II Android screen with social media applications of Google Plus, Facebook, Play Store and Google Search.” Samxmeg | Istock Unreleased | Getty Images Europe’s top court on Thursday upheld Google‘s fine of around 4.1 billion euros ($4.67 billion) over alleged anti-competitive…
CEO of OpenAI Sam Altman (L) and U.S. President Donald Trump attend a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images OpenAI has proposed handing the U.S. government a 5% stake…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India’s 15-minute delivery boom is reshaping one of the world’s fastest-growing e-commerce markets. The service, expected to account for nearly 40% of online retail…
CNBC’s Jim Cramer said investors who feel they’ve missed this year’s biggest winners should be thankful for Wednesday’s market rotation. “You are getting a chance to sell the losers at a premium and switch to winners at a discount,” the “Mad Money” host said Wednesday. “So often in this market, you look back and kick…
An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April 15, 2026. Bloomberg | Bloomberg | Getty Images Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Artificial intelligence remains the market’s favorite, with investors continuing to rotate…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images The Trump administration’s crackdown on Anthropic’s leading artificial intelligence models is looking like a gift to the country’s top adversary in the AI race: China…
